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Gold has always been a popular investment avenue in India for various reasons. Apart from the precious metal being considered a symbol of status, investing in gold has been a traditional practice in the country. Keeping track of Today Gold Rate in Tamil Nadu can help investors make well-informed decisions when buying or selling gold.

 

However, you need to be aware of the prevailing prices of gold if you plan to invest in this precious metal.

Today Gold Rate in Coimbatore

The following table provides the 24-karat gold rate today in Coimbatore:

Gram

22 Carat Gold Rate Today

22 Carat Gold Rate Yesterday

Daily Price Change

1 Gram

₹8,245

₹8,215

     ₹30

10 Gram

₹82,450

₹82,150

     ₹300

100 Gram

₹824,500

₹821,500

     ₹3000

Disclaimer: The rates are subject to change as per market conditions.

Today 22 and 24 Carat Gold Rate in Coimbatore

Here are the trends in the gold rate in Coimbatore in the last 5 days:

Date

STANDARD GOLD 22K

STANDARD GOLD 24K

1 Gram

10 Gram

1 Gram

10 Gram

February 20, 2025

₹8,245

₹82,450

₹8,657

₹86,570

February 19, 2025

₹8,215

₹82,150

₹8,626

₹86,260

February 18, 2025

₹8,115

₹81,150

₹8,521

₹85,210

February 17, 2025

₹8,115

₹81,150

₹8,521

₹85,210

February 16, 2025

₹8,115

₹81,150

₹8,521

₹85,210

Disclaimer: The rates are subject to change as per market conditions.

Today 18 Carat Gold Rate in Coimbatore

Gold price in Coimbatore with fluctuations in the last few days, is shown below:

Date

STANDARD GOLD 18K

1 Gram

10 Gram

February 20, 2025

₹6,746

₹67,460

February 19, 2025

₹6,721

₹ 67,210

February 18, 2025

₹6,640

₹66,400

February 17, 2025

₹6,640

₹66,400

February 16, 2025

₹6,640

₹66,400

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Points to Remember When Buying Gold in Coimbatore

Consider the following things before investing in gold:

  • The gold prices depend on its purity level, with 24-karat gold having the highest value

  • Look for the BIS hallmark on jewellery as it certifies its authenticity and purity 

  • Carefully check the making charges on jewellery as they remain unregulated 

  • Obtain an invoice from the retail store containing all the details about the purchase

Gold Investment in Coimbatore

You can invest in gold assets in the following ways:

  • You can buy gold in physical form from retail stores 

  • You can also get minted gold coins from authorised banks

  • You can invest in Gold Exchange-Traded Funds (ETFs) or Sovereign Gold Bonds (SGBs) 

  • You can purchase digital gold from authentic online investment platforms

FAQs on the Gold Rate in Coimbatore

How do exchange rates impact gold rates?

India is the second largest consumer of gold, and it largely imports this precious commodity. If the value of the rupee reduces against the US Dollar, the prices of gold in India increase.

What are the GST charges on the purchase of gold?

The GST rate on the purchase of gold and making charges is 5% and 3%, respectively.

Is buying gold a safe investment?

Yes, gold is considered a safe investment because it experiences less volatility and offers stable returns.

What are the various factors that affect gold prices in Coimbatore?

A few factors that influence gold prices in Coimbatore include inflation rate, government policies and other macroeconomic factors.

How is the purity of gold evaluated in Coimbatore?

As mentioned earlier, the amount of money you can invest in gold will depend on its purity. You can evaluate gold jewellery’s purity by checking for a Bureau of Indian Standards (BIS) hallmark.

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